3 Red Flags for Micron Technology's Future
It has been a tough year for (NASDAQ: MU). The memory chipmaker's stock closed at its all-time high last January, but subsequently tumbled more than 30% as investors fretted over the cyclical slowdown of the semiconductor market.
But even after that steep pullback, Micron still doesn't seem like a screaming bargain at 46 times forward earnings and five times this year's sales. These three bright red flags could also prevent value-seeking investors from rushing back.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
97,29 €
-0,70 %
Die Micron Technology Inc. Aktie zieht etwas Aufmerksamkeit auf sich: Mehr Buy- als Sell-Einschätzungen.
Eine deutliche Steigerung um mehr als 20% ist für Micron Technology Inc. mit einem Kursziel von 126 € gegenüber 97.29 € zu erwarten.
